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Guangzhou: Clothing Prices Rose By 20% &Nbsp; &Nbsp; Affecting Middle And Low Income Groups.

2010/11/15 11:26:00 56

Middle And Low End Clothing Prices In GuangzhouMiddle And Low Income Groups

A garment with the same style but different production batches, the price has not changed but the weight has been shrunk.

If there is a similar encounter, you must not be surprised, because according to businessmen, "shrinking" clothing is a "helpless measure" to deal with the rising prices of raw materials such as upstream cotton.


  

Clothing price

Average increase of 20%


The main clothing distribution centers in Guangdong are located in the Guangzhou one horse wholesale clothing market near Guangzhou Railway Station, the clothing wholesale market in Guangzhou one avenue and the white horse wholesale market in Guangzhou. Many wholesalers from all over the country complain that the wholesale price of clothing has gone up a lot in the past few months.

Gain

It's close to 20%.


It is understood that, in order to deal with the surging raw material price surges, many garment manufacturers have made "downsizing" of the raw materials for clothing making. The original need to use 1 jin of cotton is now converted to half a kilo, and then blended with polyester or other materials, so that the cost can be reduced by about 1/3, basically guaranteed that the price of the same style products will not change.


"In addition to the strong cotton prices, labor costs and pportation costs have not gone up, we are only operating within the scope of quality allowable. Otherwise, the price of ready-made clothes will go up with the raw materials and do not frighten customers away!" Mr. Lu, general agent of a casual wear brand in Guangzhou, said.


Middle and low end clothing leads


The survey found that in the current round of rising clothing prices, the top gainers are not those high-end clothing brands, but are closely related to the lives of ordinary people.

Middle and low end common cotton textiles

The highest increase has reached 30%.


In Guangzhou's time-honored knitting shop and Li Gong min brand Yuexiu District branch, the price of cotton textile products with a price of around 100 yuan is the best.

Miss Yang said that the daily demand of cotton textile products, such as towels, cotton sweaters and knitted stockings, for the daily needs of the population, was ensured by the way of collecting stock in previous years to ensure the overall price stability.


Miss Chen, head of sales in Guangzhou, the monsoon wind costumes, said that the rise in cotton prices was relatively limited to those with high added value and high profits, but the impact on those small and medium-sized enterprises with low mechanization and manual workshops was very large.


  

Influence

Middle and low income groups


Peng Peng, senior researcher at the Guangzhou Academy of Social Sciences, said that the prices of chemical fiber products and alternative products related to cotton have risen in turn, and will eventually become one of the important factors that will drive CPI up in an all-round way, and from now on, the situation will further deteriorate.


Most of the middle and low-end clothing consumers are middle and low income groups in cities. The impact of 10% or even higher prices on this group is quite large. Relevant departments should take measures to stabilize the prices of downstream cotton textile products as soon as possible so as to safeguard the vital interests of low-income groups.

Peng Peng said.

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